Senior Accountant Manager

2 weeks ago

Bengaluru, Karnataka, India Olive street food cafe Full time ₹ 3,60,000 - ₹ 7,20,000 per year

Job Summary

As the Senior Accountant in our hospitality, you will oversee the accounting and financial reporting functions for one or more restaurant. You will ensure accurate, timely financial statements, manage intercompany allocations, support budgeting, and liaise with operations leadership to provide actionable insights. You will also lead process improvements, guide junior accounting staff, and ensure compliance with accounting standards and internal controls.

Key Responsibilities / Duties

  • Lead and oversee the monthly close process: journal entries, accruals, adjustments, reconciliations, and financial statement preparation
  • Manage and review balance sheet accounts, ensuring proper reconciliations (e.g. intercompany, prepaid expenses, accruals, fixed assets)
  • Oversee cost allocations to different cost centers (e.g. kitchens, outlets, head office)
  • Handle inventory accounting and periodic physical counts or sample recounts
  • Supervise accounts receivable / payables related to restaurants and third-party partners (e.g. delivery aggregators, vendors)
  • Lead the utilities accrual process, vendor contract cost allocations, and recognition of related expenses
  • Reconcile and interface credit card / petty cash / expense reimbursements with general ledger
  • Work with Operations / Restaurant Managers to interpret P&L variances, identify cost issues, and support decision-making
  • Assist or lead audit / tax engagements – prepare audit schedules, liaise with external auditors, and ensure compliance
  • Drive process improvements, automation of reporting, standardization across outlets
  • Mentor, train, and review work of junior accountants / accounting staff
  • Prepare financial analyses, forecasts, budget variance reports, and KPI dashboards
  • Ensure internal controls, policies, and accounting processes are followed, and propose enhancements
  • Handle ad hoc special projects (system upgrades, expansion accounting, integration with POS / ERP systems)

Qualifications / Requirements

  • Bachelor's degree in Accounting / Finance (or equivalent); professional qualification (CA / CPA / CMA) preferred
  • 5+ years of accounting experience, ideally in hospitality, retail, restaurant chains, or multi-unit operations
  • Experience supervising or mentoring junior staff
  • Strong working knowledge of accounting standards (e.g. IFRS, GAAP) and good grasp of internal controls
  • Advanced Excel skills (pivot tables, formulas, data analysis)
  • Experience with accounting / ERP / POS integration systems (e.g. SAP, Microsoft Dynamics, restaurant-specific systems)
  • Excellent analytical, problem solving, and communication skills
  • Ability to work under deadlines, manage multiple priorities, and interface with operations teams
  • Attention to detail, accuracy, and strong organizational skills
  • Integrity, confidentiality, and a results-oriented attitude

Preferred or Additional Criteria (Nice to Have)

  • Experience in multi-location or chain restaurant accounting
  • Knowledge of restaurant / hospitality KPIs (cost of goods sold, food & beverage margin, labor costs)
  • Familiarity with third-party delivery aggregators, commission calculations, and royalty/fee accounting
  • Exposure to budgeting / forecasting / financial modeling
  • Experience coordinating audits / tax filings

Working Conditions

  • May supervise: Staff Accountants, Junior Accountants or accounting assistants
  • Office-based (with occasional on-site visits to restaurants, if applicable)
  • May require extended hours during month-end, audit periods, or system transitions

Job Type: Full-time

Pay: ₹30, ₹40,000.00 per month

Benefits:

  • Flexible schedule
  • Food provided
  • Leave encashment
  • Paid time off

Work Location: In person

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